本文发表在 rolia.net 枫下论坛Though class envy has become a major theme of our politics, the silence has been deafening in response to what was disclosed in a November report that should boil one's blood.
It's a financial report that gives "thanks" for the federal financial bailouts because they will enable banks and Wall Street firms to pay out big holiday bonuses to wealthy executives working for companies that have lost billions.
Bailout money, gloats the report, means we'll see "thousands of people who make millions of dollars" in bonuses despite the recession.
Be happy for these bonuses. After all, you're paying them. You're paying for them even if you're unemployed because of the havoc wreaked on the economy by the bonus crowd's mismanaged companies and the federal government's decision to bail them out.
A report by Johnson and Associates, a major Wall Street executive compensation consulting firm, states: "Thanks in part to the financial bailouts and mergers we've seen recently, the decline in incentive payments won't be as drastic as first thought."
Securities and Exchange Commission filings show that Goldman Sachs and Morgan Stanley set aside $11 billion for the first nine months of this year. The firms remain in business, and will pay year-end bonuses, only because of the bailout by taxpayers. In sharp contrast to these and other Wall Street firms are other companies in serious trouble that fired employees before Christmas or shut down altogether - no severance, no pension, no end-of-year bonus.更多精彩文章及讨论,请光临枫下论坛 rolia.net
It's a financial report that gives "thanks" for the federal financial bailouts because they will enable banks and Wall Street firms to pay out big holiday bonuses to wealthy executives working for companies that have lost billions.
Bailout money, gloats the report, means we'll see "thousands of people who make millions of dollars" in bonuses despite the recession.
Be happy for these bonuses. After all, you're paying them. You're paying for them even if you're unemployed because of the havoc wreaked on the economy by the bonus crowd's mismanaged companies and the federal government's decision to bail them out.
A report by Johnson and Associates, a major Wall Street executive compensation consulting firm, states: "Thanks in part to the financial bailouts and mergers we've seen recently, the decline in incentive payments won't be as drastic as first thought."
Securities and Exchange Commission filings show that Goldman Sachs and Morgan Stanley set aside $11 billion for the first nine months of this year. The firms remain in business, and will pay year-end bonuses, only because of the bailout by taxpayers. In sharp contrast to these and other Wall Street firms are other companies in serious trouble that fired employees before Christmas or shut down altogether - no severance, no pension, no end-of-year bonus.更多精彩文章及讨论,请光临枫下论坛 rolia.net